🧵 What is a Synthetic Stock Position & How It Works
@YieldMaxETFs single-ticker ETFs don’t buy shares—they build synthetic stock using options.

Sounds complicated and scary 😱 ... but it doesn’t have to be.

Let’s break it down in plain English ⬇️ Here’s what we’ll cover:

▶️ What is a synthetic stock position?
▶️ How does it work?
▶️ How does it gain (or lose) value?
▶️ Why do funds (and pros) use them?
Time to demystify this powerful strategy 🧠